This was a good plan, unfortunately, I had trouble entering it and ended up chasing the entry price. I know better and knew the moment I hit the button this was going to turn into a loss because I didn't follow the plan that looked so good. Hopefully another lesson learned.
dip buy
Moved up to 5.50 after the open then pulled back and was holing in the 5.20 range but as soon as I got in it tanked below 5.00
Not a whole lot of volume so just taking off. Need to be more careful with these low volume plays especially as I start to size in heavier.
Small push, nothing crazy.
short it close to resistance at 1.50 should have waited for a little higher but wanted to get in on the trade. I was looking for 10 to 20% but didn't want to wait and got trigger happy. Would look for another short opportunity throughout the day.
Checked Oracle and saw BW was above the signal and was moving up. Checked news and saw favorable catalyst so I set my entry, stop loss and exit. I probably could have stayed in longer but after this morning I was willing to take a small profit instead of another loss.
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